Figure 32-1
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In Figure 32-1, there are four levels of income. G is government expenditures and TT is taxes less transfers. At which level of income is the actual deficit the greatest?
A. Y4
B. Y3
C. Y2
D. Y1
Answer: D
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a. True b. False Indicate whether the statement is true or false
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Answer the following statement true (T) or false (F)